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WSJ: Canada set to unveil panel to review pipeline regulator

Published 11/07/2016, 02:58 PM
WSJ: Canada set to unveil panel to review pipeline regulator
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  • Canada will take its next step toward revamping pipeline oversight as soon as tomorrow when it unveils a panel to overhaul the National Energy Board, WSJ reports.
  • The proposed five-member panel will have until the end of March to offer advice on changes to the NEB, part of a wider effort among government departments to toughen legislation regarding environmental reviews, according to the report.
  • The panel’s work will take place as Prime Minister Trudeau decides in the coming weeks on the fate of individual projects led by Kinder Morgan 's (KMI +0.9%) expansion of its Trans Mountain pipeline.
  • Meanwhile, the government also has imposed a Nov. 25 deadline in which it must decide what the next steps are for Enbridge's (ENB +3.1%) Northern Gateway pipeline.

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